Germans looking at whether to sell off NZ's T&G Global

Germans looking at whether to sell off NZ's T&G Global
A significant chunk of T&G Global's revenue comes from apples. (Image: Getty)
Riley Kennedy
A significant chunk of New Zealand fruit and vege grower T&G Global could soon be on the block as its majority owner looks at whether to hive off holdings outside Germany.Munich-based BayWa AG owns 73.9% of the tightly held NZ Exchange-listed (NZX) enterprise. Wo Yang Ltd holds 19.9%.In a brief statement to the market on Thursday afternoon, T&G said BayWa AG was undertaking a transformation of its business.'Business and shareholdings'As part of that, it had announced some potential changes to its business, including envisag...

More Primary Sector

NZ firms eye profit, revenue lift in China despite caution
Primary Sector

NZ firms eye profit, revenue lift in China despite caution

Christopher Luxon jets off to China on Tuesday with senior business leaders.

Cashed-up farmers balance spending, confidence returns
Primary Sector

Cashed-up farmers balance spending, confidence returns

Fieldays are a good proxy for the mood of the rural sector.

Riley Kennedy 16 Jun 2025
MyFarm's solar seduction
Primary Sector Analysis

MyFarm's solar seduction

What does an investor need to believe about this 10-12% p.a. offer?

Pattrick Smellie 16 Jun 2025